News

 Derrick Capps has been named head of consultant relations for Mercer's U.S. benefits administration business.  

Five percent of Section 401(k) plans include an automatic contribution arrangement (ACA), according to the Internal Revenue Service (IRS) 401(k) Compliance Questionnaire. 

The J.P. Morgan Funds Guide to the Markets for the second quarter of 2013 has been released.

Fred Reish, a partner at Drinker Biddle & Reath, the Los Angeles law firm, has launched fredreish.com, a blog about retirement regulation and compliance.

NestWise has launched a program to help middle-class Americans develop strong financial behaviors.

Americans are taking on more risk than they would prefer, according to a study by Northwestern Mutual.

The LiveWell Plus Mutual Fund IRA was launched by Sammons Retirement Solutions Inc. to help advisers gather retirement assets and provide a savings boost.

Four in ten (44%) Americans polled admit their retirement savings may not last until the end of their life.

Institutional investors and registered investment advisers (RIAs) are increasingly using business development company (BDC) stocks, according to a source.

Sandra L. Incontro was named portfolio manager and managing director of Aristotle Capital Management Investment LLC.

Aston Asset Management LP partnered with Lee Munder Capital Group LLC to debut a mutual fund, the ASTON/LMCG Emerging Markets Fund.

Ninety-eight percent of defined contribution (DC) investment consultants polled recommend clients offer a target-date or target-risk investment tier.

The Internal Revenue Service (IRS) offers material on its website about international issues affecting retirement plans in the U.S.

Roger W. Harrington joined Williams Financial Group, creating a new firm, Harrington Capital Management LLC in Dallas.

Half of retirement plan participants younger than 34 reported they have left a job in the past five years, leaving the door open for plan leakage.

Total U.S. retirement assets hit a new record high of $19.5 trillion as of December 31.

Paul Conley was appointed U.S. West division leader for the executive compensation consulting business of Towers Watson. 

Charles Schwab released the Android version of its Schwab Advisor Center app for independent investment advisers who work with Schwab Advisor Services.

Institutional investors have taken concrete steps in the last five years to address investment risks.